Mid Channel Line providing a moderate support to NiftyMid Channel Line providing a moderate support to Nifty in the second half of the day in last trading session. As you can see from the chart Mid-Channel line drawn on the hourly chart provided a solid support to the nifty as the Nifty jumped from 18531 to close near 18599. Supports nearby are now at 18531 and 18507. Resistance zone will be 18639 and 18667. Above 18667 the next resistance is near 18721
Nifty50
NIFTY |BANKNIFTY|NIFTY ANALYSIS | BANKNIFTYANALYSIS FOR WEDNESDA
NIFTY |BANKNIFTY|NIFTY ANALYSIS | BANKNIFTYANALYSIS FOR WEDNESDAY
| nifty analysis for tomorrow | #niftypredictions | nifty live trading |Nifty50
BANKNIFTY:-
If Banknifty sustain the level of 44000 and spend time and break 44150, then 44200-44250-44300-44350.
If Banknifty break down 44000 spend time below it and break 43950then 43850-43750-43650-43500.
NIFTY:-
If Nifty sustain the level of 18575 and spend time and break 18600 then 18625-18650-18675
If Nifty break down of 18575 spend time and break down 18550, then Nifty 18525-18500-18475.
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor.
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ADANII POWER - WEEKLY TIME FRAMEThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle.
Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
Tradelikemee Academy
NIFTY |BANKNIFTY|NIFTY ANALYSIS | BANKNIFTYANALYSIS FOR TUESDAYNIFTY |BANKNIFTY|NIFTY ANALYSIS | BANKNIFTYANALYSIS FOR TUESDAY
| nifty analysis for tomorrow | #niftypredictions | nifty live trading |Nifty50
BANKNIFTY:-
If Banknifty sustain the level of 44000 and spend time and break 44150, then 44200-44250-44300.
If Banknifty break down 44000 spend time below it and break 43950then 43850-43750-43650.
NIFTY:-
If Nifty sustain the level of 18550and spend time and break 18575 then 18600-18625-18650
If Nifty break down of 18550 spend time and break down 18500, then Nifty 18475-18450-18425.
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor.
#stockmarkets
#nifty
#tuesdayMarketPrediction
#nifty50
#nfityoutlookfornextweek
#bankniftyoutlookfornext week
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Nifty Trapped between strong support and strong resistance zonesNifty is trapped between strong support and strong resistance zones right now. Resistance zone is between 18639 to 18667. Support zone is between 18561 to 18582. Other supports if this zone is broken will be near 18522, 18507 and 18415. If the Nifty breaks the upper side resistance of 18667 the next resistance levels will be at 18721, 18778 and finally 18887. Trend changes to negative below 18262 closing.
Good Closing on Friday, positive to start the new week expected.Due to Good Closing on Friday, positive to start the new week can be expected. We might have a positive gap up start on Friday if there is no negative news on the global or local level during the weekend. The resistances to look forward to are 18600, 18662 and finally 18742. Long term targets are 18887 and 19200+ levels. Supports at the same time remain at 18488, 18325 and finally 18048. closing below 18048 has potential to handover the control of the rally to the Bears.
NIFTY ANALYSIS FOR MONDAY 5TH JUNE-FOR EDUCATION PURPOSE NIFTY:-NIFTY ANALYSIS FOR MONDAY 5TH JUNE-FOR EDUCATION PURPOSE
NIFTY:-
Monthly target:-
If Nifty sustain the level of 18750 in one or two week ,19000 level can be achieved.
If Nifty break down 18500 spend time below it and 18350.
WEEKLY TARGET:-
If Nifty sustain the level of 18550 BREAK 18600-18625-18650-18700 level can be achieved.
If Nifty break down 18550 and break 18500 spend time below then 18450-18425-18400.
DAILY TARGET:-
If Nifty sustain the level of 18500 THEN 18550-18575-18600 level can be achieved.
If Nifty break down 18500 and break 18475 then 18450-18425-18400.
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor.
#stockmarkets
#nifty
#FridayMarketPrediction
#nifty50
#nfityoutlookfornextweek
#bankniftyoutlookfornext week
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#niftyweeklyexpiry
NIFTY:-
Monthly target:-
If Nifty sustain the level of 18750 in one or two week ,19000 level can be achieved.
If Nifty break down 18500 spend time below it and 18350.
WEEKLY TARGET:-
If Nifty sustain the level of 18550 BREAK 18600-18625-18650-18700 level can be achieved.
If Nifty break down 18550 and break 18500 spend time below then 18450-18425-18400.
DAILY TARGET:-
If Nifty sustain the level of 18500 THEN 18550-18575-18600 level can be achieved.
If Nifty break down 18500 and break 18475 then 18450-18425-18400.
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor.
#stockmarkets
#nifty
#FridayMarketPrediction
#nifty50
#nfityoutlookfornextweek
#bankniftyoutlookfornext week
#bankniftyoutlookformonday
#niftyforecast
#bankniftyforecast
#niftyshareprice
#bankniftyshareprice
#tommorrowniftyprediction
#tommorrobankniftypredicton
#niftytargettommrrow
#bankniftytargettommrrow
#5th june nifty
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#bankniftystrategies
#bankniftyfuture
#bankniftyoptionstrategy
#bankniftycalls
#bankniftyintraday
#bankniftylivetrading
#bankniftyweeklyexpiry
#bankniftycrash
#bankniftytomorrow
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#bankniftychart
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#bankniftyoption
#niftyweeklyexpiry
Nifty / CNX 500Hello and welcome to this analysis
CNX 500 after a very lengthy period of sideways correction that started in OCT 2021 has shown a very strong reversal in APRIL 2023.
The relative strength chart has now given a fresh signal of further strengthening of CNX 500 over NIFTY, suggesting that CNX 500 stocks shall outperform NIFTY stocks for quite some time. It also means that if there is a correction in markets, the Nifty stocks will correct more than CNX 500 stocks.
From levels point of view today's close has happened at 1.18. As long as the ratio sustains below 1.20 this can move down towards 1.13 and more.
The balance part of this month could lead by the segment.
Trade and Invest wisely
Nifty Closed well on a testing day, another test awaits tomorrowNifty Closed well on a testing day, another test awaits tomorrow as the world awaits result of Voting in US Parliament to resolve Debt ceiling crisis. Global indices are down and awaiting the result eagerly. Support that spot Nifty has is today' low of 18483 from where the Nifty managed to recover today. The support may be tested tomorrow again. Just below it we have 50 Hours EMA at 18467 which might also be tested. Below these levels important supports remain at 18416 and 18379. Below 18379 Bear cartel can get activated. When Nifty has found a strong support and if result of Debt Ceiling crisis by raising the ceiling the resistances will be near 18576, 18600, 18637 and 18662. We still live in a world where if US sneezes the World catches cold. (Indian GDP numbers were great and can provide support to Nifty 50 and many other stocks.)
Channel of Nifty leads to 19K but there are lot of hurdles. Channel of Nifty that leads to 19000 but there are lot of hurdles now. Some of the immediate resistances are near 18642, 18699, 18736, 18784 and finally 18887. Supports for Nifty are at 18584, 18552, 18508 and finally 18383. Things are evenly poised now.
NIFTY poised to test its All Time High this week.The Nifty 50 Index (NIFTY) is extending the long-term Channel Up pattern that started after the March 20 2023 Low, when the 16750 Support held. The 4H MA50 (blue trend-line) is supporting for exactly 2 months and this week the technical Higher High and test of the 18890 Resistance (which is the All Time High) should be materialized.
As you see, the similarities between the current Channel Up and that of October - November 2022 as strong. It appears that the price is at the final stage (curve pattern), before the final rally. The 4H RSI break-out above the Lower Highs is another strong resemblance. This trend is invalidated if the price breaks below the 4H MA200 (target the 4H MA200 (orange trend-line). Our target is 18800 for safety, slightly below the Resistance just like the March 20 2023 Low was slightly above the Support.
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Strong Close by Nifty on Friday.Nifty has given a strong closing on Friday by closing above the Mid Channel line. The nifty has given a close just below a strong resistance of 18509. 18509 was high of Friday above which the Nifty could not close. One way to avoid this resistance would be to open gap up on Monday. If we open gap up on Monday above 18509 levels, the next resistance will be at 18562, 18601 and 18678. Supports on the lower side will be at 18460, 18389, 18324 (50 Hours EMA) and 18197. Below 18197 Final support will be 200 Hour EMA at 18101. Below 18101 Bears will regain the control. If by chance during the week or later this month or next month we get a closing below 18101 trend can change into negative.